COMPARATIVE ANALYSIS OF ADEQUACY AND SUSTAINABILITY INDICATORS IN THE PENSION SYSTEMS OF THE UNITED STATES OF AMERICA AND THE EUROPEAN UNION Cover Image

KOMPARATIVNA ANALIZA POKAZATELJA ODRŽIVOSTI I ADEKVATNOSTI MIROVINSKIH SUSTAVA SJEDINJENIH AMERIČKIH DRŽAVA I EUROPSKE UNIJE
COMPARATIVE ANALYSIS OF ADEQUACY AND SUSTAINABILITY INDICATORS IN THE PENSION SYSTEMS OF THE UNITED STATES OF AMERICA AND THE EUROPEAN UNION

Author(s): Zvonimir Miletić
Subject(s): Economy, Demography and human biology, EU-Accession / EU-DEvelopment, Public Finances
Published by: Ekonomski fakultet, Sveučilište u Mostaru
Keywords: adequacy and sustainability; pension systems; pension reform;

Summary/Abstract: Demographic challenge of continued population ageing significantly impairs the sustainability, and thus the adequacy of pension systems. The United States of America pension system in comparison with the conditionally observed European Union pension system, perfectly depicts challenges and responses of developed countries on the pension system issues. Conditions, causes and consequences between particular indicators of adequacy and sustainability have been analysed. By selection and division according to significance of indicators, conclusions and explanations of the research results are indicated with certain restrictions. Ultimately, based on conclusions, reform guidelines in both systems are stated as responses to the growing demographic, economic and social challenges with purpose of balancing the adequacy and the sustainability at an acceptable level.

  • Issue Year: 2018
  • Issue No: XXIV
  • Page Range: 108-127
  • Page Count: 20
  • Language: Croatian